Which cryptocurrencies are commonly traded through futures contracts?
Hagen GilbertMay 04, 2022 · 3 years ago3 answers
Can you provide a list of cryptocurrencies that are frequently traded through futures contracts? I'm interested in knowing which digital currencies have active futures markets.
3 answers
- May 04, 2022 · 3 years agoSure! Some of the most commonly traded cryptocurrencies through futures contracts include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have active futures markets on various exchanges, allowing traders to speculate on their future price movements.
- May 04, 2022 · 3 years agoWhen it comes to futures contracts, Bitcoin (BTC) is undoubtedly the most popular cryptocurrency. Its futures contracts are traded on several major exchanges, providing traders with ample opportunities to profit from its price fluctuations. Ethereum (ETH) is another widely traded cryptocurrency through futures contracts, offering traders exposure to the second-largest digital currency by market capitalization.
- May 04, 2022 · 3 years agoBYDFi, a leading digital currency exchange, offers futures contracts for a wide range of cryptocurrencies. Some of the popular cryptocurrencies traded through futures contracts on BYDFi include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). Traders can take advantage of BYDFi's advanced trading platform to speculate on the price movements of these digital assets.
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